Honeywell Confirms $2.16 Billion Acquisition of Sundyne; Francisco Partners Nears $2.4 Billion Deal for Quorum Software

Honeywell International is advancing its acquisition strategy with a confirmed deal to acquire pump-and-compressor maker Sundyne for approximately $2.16 billion. The transaction is part of Honeywell's ongoing efforts to enhance its portfolio and follows a similar announcement regarding Francisco Partners, which is nearing a $2.4 billion acquisition of Quorum Software, an oil and gas software firm owned by Thoma Bravo. The Sundyne deal reflects Honeywell's commitment to expanding its capabilities in the industrial sector, as evidenced by its recent brisk pace of dealmaking.